The European Commission has granted the status of Project of Common Interest (PCI) to the carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia developed by the consortium named CCS Baltic Consortium. The consortium consists of Akmenės cementas AB, KN Energies, AB, Larvik Shipping AS, Mitsui O.S.K. Lines, Ltd. and SCHWENK Latvija SIA. This grant means that the project is recognized as a key cross-border infrastructure project which will significantly contribute to the implementation of the energy policy and climate goals of the European Union (EU). There are ...

Bureau Veritas (BV), a global leader in the Testing, Inspection, and Certification (TIC) industry, has released a report which assesses the technical viability of current carbon capture & storage (CCS) technology within the marine market, and highlights the vital role that shipping can play across the entire CCS value chain. The technology report, titled Onboard Carbon Capture: An Overview of Technologies to Capture CO2 Onboard Ships, details the current state of play regarding a wide range of emerging CCS technologies. The paper explores the technical and commercial viability of implementing ...

Leading Japanese companies, NYK Line (NYK), NYK Bulk & Projects Carriers (NBP), TSUNEISHI SHIPBUILDING Co., Ltd. (“TSUNEISHI SHIPBUILDING”) and British renewable energy business, Drax Group (Drax), have signed a new memorandum of understanding (MoU) to develop both the world’s first biomass-fuelled ship (bioship) and the technology that could power it. Biomass is playing a growing role in Japan’s transition from fossil fuel power generation to low carbon and renewable electricity, and the country’s demand for biomass pellets, sourced primarily from North America and composed of sawmill and forestry residues, is ...

Mitsui O.S.K. Lines, Ltd. announced that its owned and operated Shofu Maru, the world’s first coal carrier equipped with the Wind Challenger hard sail wind propulsion system, has completed a total of seven round-trip voyages to Japan, mainly from Australia, Indonesia, North America, as a dedicated coal transport vessel for Tohoku Electric Power Co., Inc. (President: Kojiro Higuchi; Headquarters: Sendai-shi, Miyagi Prefecture) Over the course of about 18 months since the Shofu Maru’s delivery in October 2022, MOL has measured the performance of the Wind Challenger continuously on actual voyages, ...

Pres-Vac Engineering has announced the successful certification of its innovative high-velocity methanol valves, setting new standards in the construction of dual-fuel vessels. These valves, essential for the safety and efficiency of methanol tank systems, are now certified under the IMO 1621 standard among other rigorous regulatory benchmarks. The newly certified valves enable greater flexibility in ship design, accommodating long vent-pipes up to 128 meters for DN 65 size, with allowances for even longer pipelines. This development offers shipbuilders and owners unique options in creating more efficient and compliant dual-fuel systems. ...

ClassNK has partnered with StormGeo for seamless sharing and verification of emission data. The collaboration marks a significant milestone for the two as it establishes the sharing and verification of emission data, to meet the requirements of their shared clients. Shipping companies that use StormGeo’s s-Insight platform will be able to share their validated emissions data to ClassNK MRV Portal* via API, for a seamless verification process. This process enables shipping companies to maximize their reporting accuracy and accelerate their decarbonization strategy, according to regulations. Mr. Espen Martinsen, Executive Vice ...

FuelEU Maritime sets requirements on the well-to-wake GHG intensity of energy used for ships trading in the EU/EEA from 1 January 2025. The first step is to prepare and submit a monitoring plan to an accredited verifier by 31 August 2024. This statutory news provides you with more details on what you need to prepare. Summary of the FuelEU Maritime GHG intensity requirements From 1 January 2025, for ships trading in or to/from the EU/ EEA irrespective of flag, the annual average GHG intensity of energy used on board needs ...

ABS, HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE) and HD Hyundai Heavy Industries, Co., Ltd. (HHI) signed a memorandum of understanding to collaborate on the technical feasibility for medium-voltage direct current (MVDC) power systems on ships. The agreement opens the door to collaborate on design assessment, new technology qualification as well as the development of rule guidance to provide clear directives on technical requirements, safety standards and regulatory compliance. “We are proud to partner once again with HD KSOE and HHI. Our companies are equally focused on ...

Leading Japanese companies, NYK Line (NYK), NYK Bulk & Projects Carriers (NBP), TSUNEISHI SHIPBUILDING Co., Ltd. (“TSUNEISHI SHIPBUILDING”) and British renewable energy business, Drax Group (Drax), have signed a new memorandum of understanding (MoU) to develop both the world’s first biomass-fuelled ship (bioship) and the technology that could power it. Biomass is playing a growing role in Japan’s transition from fossil fuel power generation to low carbon and renewable electricity, and the country’s demand for biomass pellets, sourced primarily from North America and composed of sawmill and forestry residues, is ...

DFDS is announcing a substantial €1 billion investment in battery electric vessels, marking its unwavering commitment to decarbonising maritime traffic in the English Channel. In the future, maritime traffic in the Channel will be electric. DFDS is today announcing an expected €1 billion investment in six battery electric ships that will be deployed on the Dunkirk-Dover and Calais-Dover routes to carry passengers and freight between the UK and the European Union. The first two electric vessels will be in operation by 2030, while the rest is expected to follow before ...

The European Union’s Emissions Trading System (ETS) continues to cause confusion and consternation for stakeholders in shipping, with questions around ballast legs, accounting for allowances, and compliance. A panel discussion at the Baltic Exchange’s Freight Forum in Singapore explored the complexities and opportunities surrounding the ETS, with Baltic Exchange carbon lead Martin Crawford-Brunt moderating the event. Crawford-Brunt noted that the EU ETS emphasised a significant paradigm shift in the regulatory landscape. He said: “We’re moving from an old way of looking at regulation developments… Regulation is becoming more and more ...

Published in the latest edition of the European Transport Law (ETL) Review, the position paper entitled “Charting Uncertain Seas: Legal Ambiguities and Compliance Strategies in EU ETS and FuelEU Maritime Regulations” explores the legal and operational challenges introduced by the EU’s Emissions Trading System (EU ETS) on shipping, and the FuelEU Maritime initiative. Against the backdrop of these significant regulatory milestones, the article was written by KBRV’s Head of Legal Affairs, Shipping Policy & Security, Elle De Soomer, and Head of Environmental & Technical Affairs, Celine Audenaerdt. It addresses the ...

The opportunities for the UK to become an early mover in the deployment of zero emission fuel have been highlighted in a new report published by UMAS, an independent maritime and energy decarbonisation consultancy, and Arup, a global sustainable development consultancy. UMAS and Arup have joined forces to explore actionable ways in which the UK can become an early mover in the shipping industry’s decarbonisation, which are outlined in their report titled, ‘Opportunities for the UK to kick-start shipping’s transition to zero emission fuel’. The collaboration between UMAS and Arup ...

Maris Fiducia Norway has entered into cooperation agreements with maritime technology company HAV Hydrogen and the hydrogen producer and distributor Norwegian Hydrogen with the objective of developing, building and operating hydrogen-powered dry-bulk vessels in Europe. The vessels are designed by the Dutch ship designer Ankerbeer. Upon successful realization of the project, the vessels will go on hire through a zero-emission time charter agreement with Schulte & Bruns, establishing a commercial operation for vessels operating on hydrogen fuel, proving the feasibility of hydrogen technologies for shipping. The vessels shall be classed ...

StormGeo, a leading technology provider and pioneer in weather intelligence has partnered with esteemed Japanese ship classification society, ClassNK. The collaboration marks a significant milestone for the two as it establishes the sharing and verification of emission data, to meet the requirements of their shared clients. Shipping companies that use StormGeo’s s-Insight platform will be able to share their validated emissions data to ClassNK via API, for a seamless verification process. This process enables shipping companies to maximize their reporting accuracy and accelerate their decarbonization strategy, according to regulations. Speaking ...